The mastermind behind the largest financial market scheme in history, Bernie Madoff defrauded countless investors out of billions of dollars. Madoff's Ponzi scheme, which ran for decades and went undetected by authorities, is a cautionary tale of greed, deception, and criminality. how did he manage to pull off the biggest financial fraud in history. HOW DID BERNIE MADOFF START HIS SCHEME HOW DID BERNIE MADOFF SCHEME WORKED HOW DID BERNIE MADOFF GET AWAY WITH IT FOR SO LONG HOW DID BERNIE MADOFF GET CAUGHT Bernie Madoff's massive Ponzi scheme started in the early 1990s when he began to solicit investments from wealthy individuals, hedge funds, and financial institutions. He promised them returns of 10-12% or more, using a complex financial strategy that was difficult to explain. In reality, there was no complex strategy – Madoff was simply taking money from new investors to pay off the earlier ones. This is the essence of a Ponzi scheme, and it allowed Madoff to grow his investment business quickly, as more and more people were enticed by the lucrative returns he was offering.

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